fixed rate fees and selling

betmunch

gabbyevs wrote: »

thanks bet-he probably is trying to con her into thinking he can do this so she signs with him

really cant stand people like that-shes already asked the bank if theres anyway out of the erc and theyve said no

Thats exactly what hes doing.

I'm not saying ERC's dont ever get waived, just they dont get waived because an Estate Agent says they will be!

Like I said, avoid him now as if he'll say this to get you on the market, what else is he saying that may not be so obvious BS to trick you (or your viewers!)

Good Luck with it

robbies_gal

its santander kingstreet

im worried now do u have to stay with one agent once u sign something

robbies_gal

its my sister selling it just didnt sound right to me so thought id ask on here

he gave her some spiel about how you should put in a low price to get people in i said but you cant afford to do that-she jsut said well at least they'll lookbut whats the point?

also how many hes sold over the last year but anyone can say theyve sold alot cant they

zappahey

gabbyevs wrote: »

he gave her some spiel about how you should put in a low price to get people in i said but you cant afford to do that-she jsut said well at least they'll lookbut whats the point?

Have you actually checked what similar houses have sold for? He might actually be realistic on his market estimate and the other EAs might be inflating the value to get her to sign with them. She really needs to do her research on local sold prices to figure out which is which. She can start at www.houseprices.co.uk

Also, the value of the house bears no relationship to what she can afford, it is what it is. It may be that she won't get as much as she wants or needs but buyers won't see that as their problem.

kingstreet

I can't see any reason why Santander would waive an ERP.

cattie

In answer to your query re being able to change estate agents, usually when you sign up with an EA, you are tied in for a mininum period, say 12 weeks. At the end of the set period, if the house is still unsold, you are free to move to another EA. However, if after moving agents, somebody who viewed the house via the first EA was to offer on the house & proceed with the purchase, selling fee's will normally be due to this EA that made the initial introduction.

robbies_gal

thanks zappa yes youre possibly right the other one might have over priced it

the house next door sold for much less shes been looking around and its not too great

thanks cattie i'll tell her to check out the minimum term aswell i did think there was some clause

i know the market is very slow at the moment she literally cant go below a certain price though or they'll be no point moving

after going through a bad divorce she jsut wants shot of it now